You’re right on target: I don’t actually have issues with the graph itself, but I do have issues with the way the graph has been used to support certain predictions on this forum. I think the Primer, as a whole, is very balanced and well-written, but that graph has been taken out of context so many times in order to justify certain arguments, that I felt the need to say something about it.
It may not come as a surprise to the regulars here that, almost every time Powayseller cites the “upcoming 50% drop” and the “reversion to the mean”, I come out of the woods arguing with her. So I think I owe her some data and analysis to justify my (somewhat) rosier view of the situation.